April 7, 2015

TORONTO, ONTARIO--(Marketwired - April 6, 2015) - MagIndustries Corp. (TSX:MAA) (the "Company" or "MagIndustries") announced today that further to its press release of February 9, it has continued discussions with a potential investor, Qinghai Salt Lake Industry Company Limited ("Salt Lake"), which is an A share listed company on the Shenzhen Stock Exchange focused on the manufacture and distribution of chemical fertilizers primarily in China.